{"id":47971,"date":"2026-05-25T07:08:58","date_gmt":"2026-05-25T07:08:58","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/47971\/"},"modified":"2026-05-25T07:08:58","modified_gmt":"2026-05-25T07:08:58","slug":"standard-chartered-launches-blockchain-based-tokenised-deposits-solution","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/47971\/","title":{"rendered":"Standard Chartered Launches Blockchain-Based Tokenised Deposits Solution"},"content":{"rendered":"

Standard Chartered Bank (Hong Kong) Limited<\/a> (\u201cSCBHK\u201d)\u00a0 today announced that, under the Supervisory Incubator for Distributed Ledger Technology and\u00a0 Project Ensemble launched by the Hong Kong Monetary Authority (\u201cHKMA\u201d), the Bank has\u00a0 successfully tokenised HKD, CNH and USD accounts of Ant International<\/a>\u00a0on the latter\u2019s\u00a0 blockchain-based, real-time treasury management platform \u2013 the Whale platform, following the\u00a0 completion of HKD-denominated blockchain test settlement for Ant International last year.\u00a0<\/p>\n

The solution co-created by SCBHK and Ant International allows Ant International\u2019s entities to\u00a0 accelerate their shift to superior, future-proof treasury management and real-time 24\/7 movement\u00a0 of value in HKD, CNH and USD through tokenisation. Ant International is the first client of SCBHK\u00a0 to adopt the solution. Both companies are members of the EnsembleTX established by the HKMA,\u00a0 that aims to accelerate the adoption of tokenisation in Hong Kong.\u00a0\u00a0<\/p>\n

Mahesh Kini<\/a>, Global Head of Cash Management, Standard Chartered, said, \u201cAs corporates\u00a0 and institutions increasingly rely on \u2018just in time\u2019 liquidity, demand for real time and 24\/7 treasury\u00a0 management is rapidly accelerating. Driven by a shared vision of shaping the future of cash management, we are pleased to partner with Ant international from the conceptualisation to the\u00a0 commercial launch of this solution. This is part of our continued efforts to continuously innovate\u00a0 our solutions and offer our clients seamless and safe access to blockchain-based cash\u00a0 management and investment solutions.\u201d\u00a0<\/p>\n

Anthony Lin<\/a>, Head of Transaction Banking, Hong Kong and Greater China & North Asia,\u00a0 Standard Chartered, added, \u201cThis marks another milestone in Standard Chartered\u2019s tokenisation\u00a0 journey. The integration of Ant International\u2019s bank accounts and tokenised deposits ensure\u00a0 seamless and near real-time flow of liquidity between the client\u2019s various entities and leading to\u00a0 massive enhancements in the management of Ant International\u2019s treasury and working capital.\u00a0 We expect the success of this solution would encourage more global businesses to explore the\u00a0 benefits of tokenised deposits, too, while contributing to the development of the market of\u00a0tokenised assets in Hong Kong.\u201d<\/p>\n

Kelvin Li,<\/a> General Manager of Platform Tech, Ant International, said, \u201cWe are delighted to\u00a0 continue partnering with Standard Chartered on innovations in tokenised deposits that serve the\u00a0 cross-border payment needs of businesses of all sizes. By combining Standard Chartered\u2019s deep\u00a0 banking capabilities with Ant International\u2019s expertise in tokenisation and global payments, the\u00a0 new solution enhances our liquidity management by providing seamless and secure access to the\u00a0 working capital needs of our businesses globally.\u201d\u00a0<\/p>\n

Since May 2024, SCBHK has been participating in Project Ensemble as a member of its\u00a0 Architecture Community to jointly develop industry standards and assist in the design and\u00a0 implementation of the Sandbox, which tests use cases for tokenisation. Ant International also\u00a0 participated in the Sandbox and developed two use cases using its Whale platform. Ant\u00a0 International has also become a member of the Project Ensemble Architecture Community since\u00a0 November 2025.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Standard Chartered Bank (Hong Kong) Limited (\u201cSCBHK\u201d)\u00a0 today announced that, under the Supervisory Incubator for Distributed Ledger Technology…\n","protected":false},"author":2,"featured_media":47972,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21387],"tags":[24074,8996,24075,24076,20677,24077,23172],"class_list":["post-47971","post","type-post","status-publish","format-standard","has-post-thumbnail","category-standard-chartered","tag-ant-international","tag-blockchain","tag-cash-management","tag-real-time-treasury-management","tag-standard-chartered","tag-tokenized-deposits","tag-working-capital"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116633964571413637","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/47971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=47971"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/47971\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/47972"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=47971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=47971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=47971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}